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Topic: Bitcoin suddenly soared this week - page 2. (Read 727 times)

member
Activity: 363
Merit: 10
August 09, 2019, 10:51:02 AM
#47
I think with the current world situation is very volatile, so I think this year bitcoin will grow very strong, likely to outperform 2017. Let's wait for that
member
Activity: 365
Merit: 10
August 09, 2019, 07:51:34 AM
#46
Many time we predicted bitcoin rises but it always happen when we never expected it. What we have now is pretty good for those that invested in bitcoin when the price was lower. Another thing we need is the stability of the price  so we can put more into it. Bitcoin will continue to rise.
sr. member
Activity: 1183
Merit: 251
August 08, 2019, 10:30:50 PM
#45
It the growth of bitcoin still stagnant and there will be no a lot of FUD come soon and im never feeling doubt if the price of bitcoin can reach that rate. people are still accumulating more and more bitcoin because it can be used for so many things. bitcoin is more than only a payment system but it has represented the economic freedom for us from the strict regulation that prevents us to do anything. 20k looks so easy
legendary
Activity: 1862
Merit: 1015
August 08, 2019, 08:01:46 PM
#44
bitcoin increase over the past 1 week is not for any reason, but because indeed after almost 1 month the price fell in July, btc prices should start to rise to penetrate the area of 16,000 USD and after that it will penetrate the area of 20,000 USD,
and I believe that BTC can penetrate the area of 20,000 USD.
sr. member
Activity: 1428
Merit: 344
August 08, 2019, 06:26:58 PM
#43
When BTC soared high especially yesterday, I saw many articles about BTC being a safe haven. Just this moment, the price went down to an extent. This proves that volatility still remains a major characteristic of crypto. About BTC hitting 20k$ in future, I think it's very feasible.  A mainstream rumour can blow the price up. 
hero member
Activity: 2968
Merit: 687
August 08, 2019, 04:23:04 PM
#42
Bitcoin suddenly soared this week, with the bitcoin price rising more than 20% in the last seven days, Many cryptocurrency experts and analysts were quick to suggest that bitcoin's rise in tandem with the fall in the yuan means it's becoming a safe haven asset, despite its extreme volatility and no one being able to accurately predict what bitcoin will do next. Do you think Bitcoin can still hit 20,000$ by the end of the year
Safe haven asset? I'm a bitcoin enthusiast but I don't believe on such line.Its would never become a safe haven thing.Predicting bitcoins price on next days or months or years to

come?This had been always the question of all investors/traders/supporters of bitcoin since on the beginning but no one can actually get the precise thing.
Soaring up on weekdays and dumping on weekends seems a pretty normal routine as I had observed.
sr. member
Activity: 672
Merit: 254
August 08, 2019, 04:19:12 PM
#41
Everyone has long been waiting for this growth.  In my opinion, everything is very predictable for cryptocurrency.  In the near future, Bitcoin will be equal to $ 15,000 after correction.
sr. member
Activity: 1246
Merit: 285
August 08, 2019, 04:15:53 PM
#40
Everything was in anticipation. The current market has uptrend and it is not surprising if the BTC price increases to 20k $ in the near future, our need to buy now and hold
The trend that happened is quite positive lately. This is a kind of signal that the market is getting better, especially when there is a moment of halving bitcoin. Many predictions that bitcoin will break new records. Wait and see, take advantage of this opportunity by conducting in-depth analysis.
member
Activity: 368
Merit: 11
August 08, 2019, 04:07:55 PM
#39
It's 100% possible for bitcoin to reach $20k before the end of this year if there's a lot of hype from Crypto influencers just like they did in the 2017 bull run.
member
Activity: 308
Merit: 10
Bitcoin is the future
August 08, 2019, 01:58:13 PM
#38
I don't know if it is OK to say that these analysis most times aren't really reliable, some whales might just decide to dump or pump it using large volumes. We with low quantity just pray not to play into their gallery.
full member
Activity: 770
Merit: 126
August 08, 2019, 01:16:03 PM
#37
I'm not sure when, but I'm sure btc will reach 20k again. When it comes to the current rise--there may be thousands of reasons for it.
I have said this time without number that; the target of the next bull run is aim or targeted at $20k and any one waiting ath the &50k and above will have themselves to blame. The recent soar of the price of Bitcoin was not a real soar but that if the shirt time manipulation of the market, whenever the price of Bitcoin saor without be backup with volume, known that its will suddenly crash back.
What are you then  saying that Bitcoin will not get to $50,000 in time to come?  Same thing was said when bitcoin value was below a thousand dollars and people were busy saying it will not and will never grow up to a thousand dollars but what are we seeing at the moment.
For those who believe or have the mind that Bitcoin will continue to rise in value should remember that what goes up must come down and what is down today will still go up one day.
jr. member
Activity: 397
Merit: 1
August 08, 2019, 08:34:55 AM
#36
maybe the rising price of bitcoin right now is because of the many positive news about crypto, I hear many companies claim that bitcoin will go up and many support the crypto market. and maybe that's one thing that affects the current price of bitcoin besides it also seems that many investors are investing in bitcoin at this time.
copper member
Activity: 994
Merit: 4
August 08, 2019, 08:30:35 AM
#35
The rise is expected, it is one of the most valuable coins to hold, but as for the price getting to $20000 no one can really tell, but very much possible. Crypto space is really unpredictable.
jr. member
Activity: 256
Merit: 2
August 08, 2019, 07:39:54 AM
#34
Bitcoin suddenly soared this week, with the bitcoin price rising more than 20% in the last seven days, Many cryptocurrency experts and analysts were quick to suggest that bitcoin's rise in tandem with the fall in the yuan means it's becoming a safe haven asset, despite its extreme volatility and no one being able to accurately predict what bitcoin will do next. Do you think Bitcoin can still hit 20,000$ by the end of the year

Of course, that is absolutely possible. I predict it could reach $ 30k by the end of the year. The war of currency increases, countries must choose Gold, BTC is safe haven. In addition, I also learned an interesting information that North Korea bought BTC by 200 billion USD.

Hope this information can help you make a good reference. Don't consider this an investment advice.

Good luck to you bro!!
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
August 08, 2019, 07:32:57 AM
#33
After seeing that the US government saying that yuan's fall is a manipulation, I could somewhat guess what will happen next. The economy war will still goes on and some people might consider cryptocurrency to save their assets despite the volatility. However, doesn't necessarily means that most of people will do that. This bitcoin sudden soar in my opinion is caused by the hype of that news.
member
Activity: 798
Merit: 10
August 08, 2019, 06:28:38 AM
#32
Bitcoin suddenly soared this week, with the bitcoin price rising more than 20% in the last seven days, Many cryptocurrency experts and analysts were quick to suggest that bitcoin's rise in tandem with the fall in the yuan means it's becoming a safe haven asset, despite its extreme volatility and no one being able to accurately predict what bitcoin will do next. Do you think Bitcoin can still hit 20,000$ by the end of the year

Many analysts expect the price of bitcoin to reach $ 20k at the end of the year. Maybe the target is realistic if we look at price movements this year, with transactions and increasing dominance in the market, I think bitcoin can reach $ 20k
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
August 08, 2019, 04:59:01 AM
#31
The difference this time around is that people didn't expect this, it happened as a surprise and bitmex wasn't ready for this neither, there has been a lot of talk about how margin trading is only sustainable if the price moves reverse of what people say and even if it goes the way people say it should not be insane so that it could be covered but this seems like a sudden and a huge one so it could be totally unexpected.

When people all expect bitcoin to go up and there is a hype going on and people assume higher prices are given, the market stops because it never does what you expect it to do, why would others let you profit from something obvious when they can instead. However when it goes up unexpectedly that is when the real deal actually starts.
full member
Activity: 868
Merit: 106
August 07, 2019, 10:32:43 AM
#30
expert analysis can be right and wrong, but to reach $ 20k in 2019 will be a little difficult, because I think Bitcoin has not reached its peak position, and also does not suit all fields of industry in the real world, if bitcoin has already been approved in the real world then the price bitcoin can never be predicted again, it might even reach a price of $ 50K more.
full member
Activity: 994
Merit: 100
SAPG Pre-Sale Live on Uniswap!
August 07, 2019, 10:02:18 AM
#29
Bitcoin suddenly soared this week, with the bitcoin price rising more than 20% in the last seven days, Many cryptocurrency experts and analysts were quick to suggest that bitcoin's rise in tandem with the fall in the yuan means it's becoming a safe haven asset, despite its extreme volatility and no one being able to accurately predict what bitcoin will do next. Do you think Bitcoin can still hit 20,000$ by the end of the year
all that is possible because crypto is fluctuative, where prices can change significantly over time without us knowing it. I think this is very positive for fans of bitcoin and altcoin because altcoin will also be affected by bitcoin which is experiencing an increase.
sr. member
Activity: 938
Merit: 251
August 07, 2019, 09:58:25 AM
#28
predicting the next move of bitcoin is sometime likened to rolling a set of dices, you can be certain which way they turn out. The only thing every smart person can say for sure is that we are having a rise in value long term as adoption grows gradually.Getting some bitcoins at a fair price for long term is something worth considering.

Indeed! Bitcoin is always getting positive feedback from people and consider it as a worth-it investment hub, many new people come to this community and now that we're getting great results and profit would give them insights and positivity on what long-term investing can benefit.
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